CytomX Therapeutics, Inc.

NasdaqGS:CTMX Stock Report

Mkt Cap: US$166.5m

We’ve recently updated our valuation analysis.

CytomX Therapeutics Valuation

Is CTMX undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for CTMX?

Other financial metrics that can be useful for relative valuation.

CTMX key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDAn/a
PEG Ration/a

Price to Sales Ratio vs Peers

How does CTMX's PS Ratio compare to its peers?

The above table shows the PS ratio for CTMX vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average15.3x
CMRX Chimerix
4.9x34.0%US$161.1m
PBYI Puma Biotechnology
0.9x1.4%US$203.0m
GRNA GreenLight Biosciences Holdings
40x94.7%US$166.7m
XBIT XBiotech
15.6xn/aUS$127.8m
CTMX CytomX Therapeutics
2.3x1.7%US$166.5m

Price-To-Sales vs Peers: CTMX is good value based on its Price-To-Sales Ratio (2.3x) compared to the peer average (15.3x).


Price to Earnings Ratio vs Industry

How does CTMX's PE Ratio compare vs other companies in the US Biotechs Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a14.1%
n/an/an/a

Price-To-Sales vs Industry: CTMX is good value based on its Price-To-Sales Ratio (2.3x) compared to the US Biotechs industry average (12.8x)


Price to Sales Ratio vs Fair Ratio

What is CTMX's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

CTMX PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio2.3x
Fair PS Ratio3.7x

Price-To-Sales vs Fair Ratio: CTMX is good value based on its Price-To-Sales Ratio (2.3x) compared to the estimated Fair Price-To-Sales Ratio (3.7x).


Share Price vs Fair Value

What is the Fair Price of CTMX when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: CTMX ($2.52) is trading below our estimate of fair value ($4.36)

Significantly Below Fair Value: CTMX is trading below fair value by more than 20%.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst CTMX forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$2.52
US$3.56
+41.4%
54.7%US$8.00US$2.00n/a7
Jan ’24US$1.60
US$3.31
+106.8%
63.8%US$8.00US$1.31n/a7
Dec ’23US$1.71
US$3.90
+127.8%
64.5%US$8.00US$1.31n/a8
Nov ’23US$1.31
US$3.99
+204.2%
61.4%US$8.00US$1.63n/a8
Oct ’23US$1.45
US$3.99
+174.8%
61.4%US$8.00US$1.63n/a8
Sep ’23US$1.51
US$3.99
+163.9%
61.4%US$8.00US$1.63n/a8
Aug ’23US$1.42
US$3.95
+178.4%
62.7%US$8.00US$1.50n/a8
Jul ’23US$1.84
US$10.56
+473.7%
32.2%US$16.00US$6.00n/a9
Jun ’23US$1.55
US$10.75
+593.5%
33.1%US$16.00US$6.00n/a8
May ’23US$1.71
US$12.13
+609.1%
27.2%US$16.00US$7.00n/a8
Apr ’23US$2.81
US$12.13
+331.5%
27.2%US$16.00US$7.00n/a8
Mar ’23US$3.54
US$12.25
+246.0%
26.1%US$16.00US$7.00n/a8
Feb ’23US$4.68
US$12.25
+161.8%
26.1%US$16.00US$7.00n/a8
Jan ’23US$4.33
US$12.25
+182.9%
26.1%US$16.00US$7.00US$1.608
Dec ’22US$6.70
US$13.50
+101.5%
23.4%US$18.00US$7.00US$1.718
Nov ’22US$5.68
US$13.14
+131.4%
24.5%US$18.00US$7.00US$1.317
Oct ’22US$5.11
US$13.14
+157.2%
24.5%US$18.00US$7.00US$1.457
Sep ’22US$5.20
US$13.00
+150.0%
23.4%US$18.00US$7.00US$1.518
Aug ’22US$5.41
US$13.06
+141.3%
25.9%US$18.00US$7.00US$1.429
Jul ’22US$6.43
US$13.06
+103.0%
25.9%US$18.00US$7.00US$1.849
Jun ’22US$6.86
US$13.06
+90.5%
25.9%US$18.00US$7.00US$1.559
May ’22US$9.36
US$13.28
+41.9%
22.8%US$18.00US$8.50US$1.719
Apr ’22US$7.87
US$13.28
+68.7%
22.8%US$18.00US$8.50US$2.819
Mar ’22US$8.45
US$12.56
+48.7%
27.5%US$18.00US$8.50US$3.548
Feb ’22US$7.57
US$12.56
+66.0%
27.5%US$18.00US$8.50US$4.688
Jan ’22US$6.55
US$12.56
+91.8%
27.5%US$18.00US$8.50US$4.338

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.


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